Walgreens Absolute NNN Asset

Walgreens | Sauk Rapids, MN


This high-performing Walgreens is strategically positioned near St Cloud Hospital, the region’s largest medical hub with 490 beds and 1.6M sf of facilities. This prime location drives consistent prescription demand and ensures a built-in customer base of patients, staff, and visitors. Since relocating to this newly built store in 2011, Walgreens has maintained strong, reliable sales and kept the property in excellent condition. With over 11 years remaining on the initial 25-year lease and extension options through 2086, investors benefit from a long-term, stable cash flow with $7.4 million in obligated rent remaining. Situated on a high-traffic commercial corridor with exceptional visibility, this absolute NNN lease property offers zero landlord responsibilities – making it a truly effortless, passive income investment.

  • Strong sales performance: Historical sales data highlights this Walgreens as a high-performing location, generating consistent revenue and strong prescription demand; with a well-established customer base and stable foot traffic, this store continues to perform well within the market, reinforcing its long-term viability as a secure investment
  • Relocation from former nearby store: Walgreens reaffirmed its commitment to this market by relocating from its former store to this newly constructed, larger facility in 2011 to meet growing demand. Signing a 25-year lease, with over 11 years remaining, Walgreens’ long-term investment in this location highlights its strong performance and enduring stability
  • Absolute NNN lease – zero landlord responsibilities: The property is under an Absolute Triple Net (NNN) lease, meaning Walgreens covers all expenses, ensuring a hands-off, passive investment
  • Freestanding building at high-traffic corner: Strategically positioned at a bustling signalized intersection, this property sees over 35,000 vehicles per day from Benton Dr and 2nd Ave, plus an additional 25,000 VPD from US Highway 10, ensuring exceptional traffic exposure and accessibility; The expansive 1.5+ acre lot offers flexibility for potential expansion or future redevelopment opportunities
  • Region’s largest healthcare facility: As the closest pharmacy to St. Cloud hospital, a 1.6m sf, 500-bed medical hub, this Walgreens benefits from constant prescription demand; the hospital’s 2019 renovation and expanding services further cement its role as the go-to pharmacy for patients, staff, and visitors; this prime location ensures long-term investment stability

In Cooperation With ParaSell, Inc., A Licensed Minnesota Broker – Lic. #40685007 BoR: Scott Reid – Lic. MN #40685007

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Walgreens Absolute NNN

Walgreens | Carthage, NC


Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,368 SF Walgreens Absolute NNN Asset Located at 1006 Monroe Street in Carthage, NC. This Property is Under an Absolute NNN Lease, Ensuring Zero Landlord Responsibilities For Investors; Walgreens Covers All Expenses, Including Taxes, Insurance, and Maintenance, Making This a True Passive Income Opportunity While Providing For a Secured Investment.

Corporate-Backed Walgreens | Absolute NNN Lease | Essential Retail Investment

  • Strong Sales Performance: Reported $8.89 million in annual sales, with a 2.36% rent-to-sales ratio, well below industry averages. Sales have grown 3.66% annually since 2017, demonstrating long-term success and stability.
  • Recent 10-Year Lease Extension: Walgreens has shown commitment to this location with a 10-year lease extension, reflecting strong confidence in the site’s continued performance.
  • Below Market Rent | Low Price Per SF: Walgreens is operating at a below-average rent, making this a low-rent, high-sales location with strong tenant profitability.
  • Rare Rental Increases: The lease features rental increases of 5% in each option period, providing rent growth as opposed to a large portion of Walgreens leases that have flat rent structures.

Strategic Carthage, NC Location | Growing Market & Strong Demographics

  • Limited Competition: This is the only national drugstore within a 10-mile radius, ensuring a dominant market position and reliable customer traffic.
  • Strategic Positioning & Retail Synergy:
  • Surrounded by national retailers such as Food Lion, McDonald’s, Dollar General, AutoZone, Hardee’s, Burger King, Bojangles, Sheetz and Subway, creating a strong consumer draw.
  • Located along Monroe St (15,000+ VPD) with excellent visibility and accessibility.
  • Growing Market & Strong Demographics:
  • Population of 45,000+ residents within 10 miles, with above-average income levels exceeding $100,000.
  • North Carolina is one of the fastest-growing states, fueling continued retail expansion

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 BoR: Chris Sands – Lic. NC #300021

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CVS Pharmacy Absolute NNN

CVS Pharmacy | Charleston, WV


Sands Investment Group is Pleased to Exclusively Offer For Sale the 12,035 SF CVS Pharmacy Absolute NNN Asset Located at 885 Oakwood Road in Charleston, West Virginia. This Deal Includes 15+ Years Remaining on an Absolute Triple Net Lease With Zero Landlord Responsibilities, Providing For a Secured Investment.

  • 15+ Years Remaining on an Absolute Triple Net Lease – Zero Landlord Responsibilities
  • The Property is Ideally Situated on a 1.32 Acre Lot Between Dunkin’ and Kroger Fuel Center
  • Prime Location Directly Off U.S. Highway 119 Which Sees Over 35,000 Vehicles Per Day
  • Investment Grade Credit / Fortune 500 Company: Lease Corporately Guaranteed By CVS Health, the 6th Ranked Company in the Fortune 500 With an S&P Credit Rating of BBB and Over $358 Billion in Total Revenue
  • Nearby Tenants Include: Dunkin’, Kroger Fuel Center, Oakwood Terrace Apartment Complex, Starbucks, Exxon Fuel, Kroger, Rhino Self Storage, and Domino’s Pizz

In Cooperation With Sands Investment Group West Virginia, LLC – Lic. #010212-00 BoR: Tom Gorman Lic. WV #WVB23030087

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CVS Absolute NNN Asset

CVS | West Palm Beach, FL


Sands Investment Group is Pleased to Exclusively Offer For Sale the 12,739 SF CVS Absolute NNN Asset Located at 245 South Military Trail in West Palm Beach, FL. This Deal Includes a Short-Term Absolute NNN Lease CVS Located at the Highly Trafficked Signalized Intersection of S Military Trl (45,000+ VPD) and Gun Club Road (11,000+ VPD) in West Palm Beach, FL, Providing For a Secured Investment.

  • Short Term Absolute NNN Lease CVS Located at the Highly Trafficked Signalized Intersection of S Military Trl (45,000+ VPD) and Gun Club Road (11,000+ VPD) in West Palm Beach, FL
  • The Property is Ideally Situated on a 1.82 Acre Lot Between Several Large Suburban Neighborhoods and Many Key Employers in the Area
  • Strong Rental Escalations in the Amount of 2% Each Options With 5 x 5 Year Options Remaining
  • Total Consumer Spending on Healthcare Exceeds $165 Million Annually Within a 5-Mile Radius of This Location and Total Population Exceeds 334,988 People Within a 5-Mile Radius of This Location
  • Established Retailers Within a 1-Mile Radius Include: The Mall at Wellington Green, The Shoppes of Palm Beach, Target, Home Depot, Lowe’s, Walmart, Best Buy, Ross, Big Lots, CVS Pharmacy, Walgreens, Petsmart and Marshalls
  • Investment Grade Credit / Fortune 500 Company: Lease Corporately Guaranteed By CVS Health, the 6th Ranked Company in the Fortune 500 With an S&P Credit Rating of BBB and Over $358 Billion in Total Revenue (2023)

In Cooperation With SIG RE Services, LLC – Lic. #CQ1055229 BoR: Andrew Ackerman – Lic. FL #BK3369953

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Walgreens NNN Asset

Walgreens | Auburn, ME


Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,180 SF Walgreens NNN Asset Located at 698 Minot Avenue in Auburn, ME. This Deal Includes a Lease Extended in 2019 7+ Years Remaining on Base Term 5% Rental Increases Every 5 Years (Next Increase: 2027), Providing For a Secured Investment.

  • Hard Corner | Signalized Intersection
  • Lease Extended in 2019
  • 7+ Years Remaining on Base Term
  • 5% Rental Increases Every 5-Years (Next Increase: 2027)
  • Corporate Guarantee | NASDAQ: WBA
  • Drive-Thru Pharmacy: This Serves as a Convenience For Customers Picking Up Prescription Medication
  • Essential Location: Provides Daily Needs and Necessities
  • Great Surrounding Retail: McDonald’s, Dairy Queen, Dunkin’, Etc.

In Cooperation With ParaSell, Inc. , A Licensed Maine Broker – Lic. #AC90603332 BoR: Scott Reid – Lic. ME #AC90603332

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Walgreens NNN Asset

Walgreens | Fort Kent, ME


Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,180 SF Walgreens NNN Asset Located at 84 East Main Street in Fort Kent, ME. This Deal Includes a Corporate Triple Net Lease With Limited Landlord Responsibilities and is Also the Only Corporate Pharmacy in a 20-Mile Radius, Providing For a Secure Investment.

  • Phenomenal Store Sales
  • Rent/Sales: < 3%
  • Rare 10% Rental Increase Every 10 Years
  • Recently Renovated: New HVAC & New Roof in 2022 (20 Year Warranty)
  • Essential Location: Provides Daily Needs and Necessities
  • Only Corporate Pharmacy in 20-Mile Radius
  • Drive-Thru Pharmacy: This Serves as a Convenience For Customers Picking Up Prescription Medication
  • Massive Parcel | 3+ Acres
  • Corporate Guarantee | NASDAQ:WBA
  • Great Surrounding Retail, Adjacent Parcels Include NAPA and McDonald’s
  • 5-Miles From the University of Maine at Fort Kent

In Cooperation With ParaSell, Inc. , A Licensed Maine Broker – Lic. #AC90603332 BoR: Scott Reid – Lic. ME #AC90603332

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CVS NNN Asset

CVS | Johns Island, SC


Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,798 SF CVS NNN Asset Located at 2803 Maybank Highway in  Johns Island, SC. This Deal Includes an Absolute Triple Net Lease (NNN) With 10+ Years Remaining and Strong Rental Increases at Options, Providing For a Secure Investment.

  • Absolute Triple Net Lease (NNN) With 10+ Years Remaining
  • Strong Rental Increases – 5% at Options
  • Superior Location Off Maybank Hwy and River Road, Seeing Over 26,000 VPD
  • Harris Teeter-Anchored Retail Center Currently Under Development, Positioned Across River Road
  • CVS Has Demonstrated a Long-Term Commitment to this Location Since 2005, Highlighting its Confidence in the Property
  • CVS Has Over 9,000 Locations in the U.S. and is One of the Largest Pharmacy Chains in the Country, With Stores in Nearly Every State
  • Investment Grade Credit / Fortune 500 Company: Lease Corporately Guaranteed By CVS Health, the 6th Ranked Company in the Fortune 500 With an S&P Credit Rating of BBB and Over $358 Billion in Total Revenue (2023)
  • Johns Island is Part of the Charleston MSA and Features an Affluent Community With an Average Household Income of Over $95,000 Within a 5-Mile Radius
  • Johns Island is Located Less Than 10-Miles From Downtown Charleston, Offering an Attractive Combination of Coastal Beauty and Easy Access to South Carolina’s Largest City

In Cooperation With Sands Investment Group Charleston, LLC – Lic. #20891 BoR: Chris Sands – Lic. SC #93103

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Walgreens Absolute NNN

Walgreens | Nashville, TN


Sands Investment Group is Pleased to Exclusively Offer For Sale the 14,490 SF Walgreens Absolute NNN Asset Located at 2421 Lebanon Pike in Nashville, TN. This Deal Includes an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities With Fee Simple Ownership, Allowing For Depreciation, Providing For a Secured Investment.

  • Dense Demographics in High Performing Retail Corridor | 140,000+ Full Time Residents Within Immediate Trade Area
  • Hard Corner | Signalized Intersection of Lebanon Pike (AADT: 36,473) @ McGavock Pike (AADT: 10,335)
  • Notable Tenants in 0.1-Mile Radius: Publix, Kroger, McDonald’s, Starbucks, Taco Bell, Burger King, Anytime Fitness, Take 5, Pizza Hut and More
  • Pharmacies Provide a “Daily Needs” For Consumers Making the Property Pandemic and Recession-Resistant
  • Fee Simple Ownership: Allowing For Depreciation
  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Corporate Guarantee | Walgreens Boots Alliance
  • High Growth Tax-Friendly State: Tennessee is an Income Tax Free State and is the 6th Fastest Growing State By Numeric Growth
  • Less Than 10 Minutes From Nashville International Airport
  • 77 Parking Spaces and a Drive-Thru

In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973 BoR: Tom Gorman – Lic. TN #370394

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Walgreens Absolute NNN Asset

Walgreens | Charleston, SC


Sands Investment Group is Pleased to Exclusively Offer For Sale the 10,908 SF Walgreens Absolute NNN Asset Located at 1115 Old Town Road in Charleston, SC. This Deal Includes a NNN Lease With Limited Landlord Responsibilities and Rare 14.83% Rental Increase at the End of the Remaining Term and Approximately 1.6% Rent Bumps on Each of the Option Periods, Providing a Hedge Against Inflation, Thus Providing For a Secured Investment. Located on the Primary Commuter Street in a Strong Area of Charleston, This Property Has a “Covered Land Play” Opportunity in the Future.

BEST IN CLASS INVESTMENT FEATURING ATTRACTIVE YIELD WITH RENT GROWTH:

  • 4 Years Remaining With (4) 5 Year Option Periods
  • Corporate Guaranteed Lease Featuring Investment Grade Credit (S&P: BBB)
  • NNN Lease With Limited Landlord Responsibilities and Depreciation Benefits
  • Extremely Rare 14.83% Rent Bump at the End of the Remaining Term and Then Nearly 1.6% Rent Bumps on Each of the Options Periods Providing Hedges Against Inflation
  • Strong Store Sales at This Location
  • Long Term Tenant Has Been Operating at This Location Since 1998
  • Low Rent in Strong Charleston Location Creating Potential Value-Add Opportunity in the Future

DAILY NEEDS & NECESSITY BASED TENANT:

  • Walgreens is the Second-Largest Pharmacy Store Chain in the United States
  • Drug Stores Provide a “Daily Needs” For Consumers Making the Property Pandemic and Recession Resistant

PRIME CHARLESTON LOCATION WITH STRATEGIC ADVANTAGES:

  • Incredible Corner Lot on a Highly Trafficked Intersection Near Downtown Charleston
  • Easily Accessible From Major Roads and Highways, Including Proximity to Highway 17, Facilitating Convenient Travel For Customers
  • Established Presence in the Charleston Community, Having Served Local Residents For Many Years With Trusted Pharmacy and Retail Services
  • Positioned Near Several Healthcare Facilities, Including Hospitals and Clinics, Supporting Walgreens’ Health and Wellness Services
  • Nearby Retailers Include – Coastal Cardiology PA, Motion Dynamics Chiropractic, Little Caesars, Circle K, Taco Bell, Affordable Dentures and Implants
  • Dense Population Base With Over 139,000 People Within 5-Miles
  • Affluent Trade Area – Over $103,000 Average Household Income Within a 3-Mile Radius
  • Top Performing Sales Location

In Cooperation With Sands Investment Group Charleston, LLC – Lic. #20891 BoR: Chris Sands – Lic. SC #93103

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Walgreens NNN Asset

Walgreens | Smyrna, TN


Sands Investment Group is Pleased to Exclusively Offer For Sale the Single Tenant Walgreens NNN Asset Located at the Signalized Corner of Nissan Drive and Enon Springs Road East in the Heart of Smyrna, TN (Nashville MSA). This Property Has a 13 Year Primary Term and Features Rare 5% Increases Every 5 Years Including at the Beginning of Each of the Twelve (12) Five-Year Option Periods. The Building Includes a Drive-Thru and Sits on 1.91 Acres of Land. The Lease is Guaranteed By Walgreens (S&P: BBB) and This Asset Benefits From a Destination Location as it is an Outparcel to a Walmart Supercenter. Additional Adjacent / Nearby Retailers Bringing Customers to the Location Include Dutch Bros, McDonald’s, Popeyes, Jimmy Johns, Waffle House, Pizza Hut, Sonic Burger and More.

  • BEST IN CLASS INVESTMENT FEATURING ATTRACTIVE YIELD WITH RENT GROWTH
  • 13-Year Primary Term With Twelve (12) 5-Year Option Periods
  • Corporate Guaranteed Lease Featuring Investment Grade Credit (S&P: BBB)
  • Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities and Depreciation Benefits
  • Rare 5% Rental Increases Every 5-Years Throughout the Primary Term and Each of the Option Periods Providing Hedge Against Inflation
  • Property Features a Drive-Thru and Large Lot (1.91 Acres)
  • DAILY NEEDS & NECESSITY BASED TENANT
  • Walgreens is the Second-Largest Pharmacy Store Chain the the United States
  • Drug Stores Provide a “Daily Needs” For Consumers Making the Property Pandemic and Recession-Resistant
  • DOMINANT SMYRNA (NASHVILLE MSA) LOCATION
  • Strong Taffic Counts – Over 41,000 Vehicles Per Day Combined at the Intersection of Nissan Drive and Enon Springs Road East
  • Affluent Trade Area – Over $75,000 Average Household Income Within a 5-Mile Radius
  • Nashville is Ranked #5 on Southern Living’s “The South’s Best Cities 2023” (March 2023)
  • The Wall Street Journal Named Nashville the Country’s “Hottest Job Market in 2022 For Regions With at Least One Million People”
  • Subject Property Lies in Close Vicinity to the Nissan Smyrna Vehicle Assembly Plant, Which Boasts an Impressive Workforce of Approximately 8,000, Producing a Staggering 640,000 Vehicles Annually
  • The Parcel is Strategically Located Adjacent to a Bustling Walmart Superstore; Additionally, the Locale Features a Mix of Recognized and Local Dining Outlets Including: Popeyes, McDonald’s, Sonic Burger, Jimmy Johns, Waffle House, Pizza Hut, Dutch Bros, Among Others
  • Forecasts Indicate an Impressive Population Surge of Around 11.37% Over the Next 5- Years Within a 5-Mile Radius

In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973 BoR: Tom Gorman – Lic. TN #370394

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Rite Aid NNN Asset

Rite Aid (Carll’s Corner) | Bridgeton, NJ


Sands Investment Group is Pleased to Present For Sale the Rite Aid NNN Asset Located in Bridgeton, New Jersey. This Deal Includes Approximately 7 Years Remaining on Base Term of the Triple Net (NNN) Lease Structure With Minimal Landlord Responsibilities, Providing a Best in Class Investment.

  • BEST IN CLASS INVESTMENT FEATURING STRONG YIELD
  •  ~7 Years Remaining on Base Term of the Lease
  • NNN Lease Structure With Minimal Landlord Responsibilities
  • Rare 10% Rental Increases at Each Option Period Provides Hedge Against Inflation
  • Low Rent/Healthy Store Sales (Contact Broker For Additional Information)
  • DAILY NEEDS & NECESSITY BASED TENANT  
  • Rite Aid Has Been One of the Top Tenants and Primary Appeal to the Immediate Trade Area
  • Rite Aid is the Largest Drug Store Chain on the East Coast and the Third Largest Drugstore Chain in the Country
  • Drug Stores Provide a “Daily Needs” For Consumers Making the Property Pandemic and Recession Resistant
  • DOMINANT LOCATION WITH BUILT IN CUSTOMER BASE 
  • Located in Carll’s Corner Shopping Center, With High Foot Traffic Making it a Destination Location Providing a Built-in Customer Base
  • Strong Traffic Counts – Over 24,000 Vehicles Per Day on the Bust Intersection of Cornwell Drive and N Pearl Street
  • Affluent Trade Area – Average Household Income Over $65,000 Within a 3-Mile Radius
  • Dense Population Base – Over 40,000 People Within 5-Miles
  • Nearby Retailers and Businesses Include – Walgreens, McDonald’s, WaWa’s, Pizza Hut, Burger King, DaVita, Fresenius, T-Mobile, Aldi, Dunkin’s, Wendy’s and More

In Cooperation With Sands Investment Group New Jersey, LLC – Lic. #2187470 BoR: Tom Gorman – Lic. NJ #2187471

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Walgreens Absolute Net

Walgreens | Rome, NY


Sands Investment Group is Pleased to Present For Sale the Walgreens Absolute Net Located in Rome, New York. This Deal Includes a Highly Desirable Absolute Triple Net Lease (NNN) With Zero Landlord Responsibilities. Sits on One of the Main Retail Corridors in Rome, NY, Providing For a Unique Investment.

  • Highly Desirable Absolute Triple Net Lease (NNN) With Zero Landlord Responsibilities
  • Sits on One of the Main Retail Corridors in Rome, NY
  • The Population Within a 10-Mile Radius Spends Roughly $40,000,000 on Health Care Annually
  • Average Household Income Within a 10-Mile Radius is Approximately $77,597
  • Walgreen Company, d/b/a Walgreens, is an American Company That Operates the Second-Largest Pharmacy Store Chain in the United States; it Specializes in Filling Prescriptions, Health and Wellness Products, Health Information and Photo Services
  • Strategically Located on Erie Boulevard and James Street, Which Has an Average Vehicle Count of Over 20,833 Vehicles Per Day
  • Nearby Tenants Include: Marshalls, WellNow Urgent Care, American Renal Associates of Rome, Rome Health General Hospital and the Rome Family YMCA

In Cooperation With SIG RE Services NY LLC – Lic. #10991233211 BoR: Andrew Ackerman – Lic. NY #10491210161

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Rite Aid NN Property

Rite Aid | Pittsburgh, PA


Sands Investment Group is Pleased to Present For Sale the Rite Aid NN Property Located in Pittsburgh, Pennsylvania. This Deal Includes Replaceable Rent With Increases and 11+ Years Remaining on the Lease, Providing For a Unique Investment.

  • Replaceable Rent With Increases and Approximately 12 Years of Lease Term Remaining
  • Functional Building Design With Over 100′ of Frontage on a 1+Acre Parcel With 75 Parking Spots
  • Metro Pittsburgh Location in the Bloomfield Neighborhood With More Than 178,000 Residents Within 3-Miles
  • Situated Next to UPMC Children’s Hospital of Pittsburgh – A 313 Bed Facility Currently Ranked 6th in the Country By US News & World Report

In Cooperation With Sands Investment Group Philadelphia, LLC – Lic. #RB069072 BoR: Tom Gorman – Lic. PA #RM424383

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CVS Pharmacy Absolute NNN

CVS Pharmacy | Magnolia, TX


Sands Investment Group is Pleased to Present For Sale the CVS Pharmacy Absolute NNN Located in Magnolia, Texas. The Brand New 20-Year Lease Features Six (6) By Five (5) Year Options, With Rare 10% Rental Increases At the Beginning of Each Option Period. This Opportunity Provides For a Long Term Investment With Zero Landlord Responsibilities, A Growing NOI and Hedge Against Inflation.

  • Brand New 20-Year Absolute Triple Net (NNN) Lease With Zero Landlord Responsibility
  • New 2022 Construction With Drive-Thru Pharmacy
  • Six (6) By Five (5) Year Options, With Rare 10% Rental Increases At the Beginning of Each Option Period
  • Corporate Guaranteed – CVS Health Corporation (NYSE: CVS; S&P: BBB) is the Largest Pharmacy Health Care Provider in the United States, Boasting Integrated Offerings Across The Entire Spectrum of Pharmacy Care With More Than 9,800 Locations in 49 States
  • Excellent Visibility – This Site is Located on the Signalized Intersection of FM 1488 and Spur 149 (20,092 VPD)
  • Growing Sub-Market of Houston-Magnolia, Texas is Nationally Ranked as 7th in Growth Among US Counties
  • Across From Brand New 95,000 SF H-E-B Grocery Store and Fuel Station and Car Wash-Set to Open November 2022
  • Affluent Market – Average Household Income of $122,214 Within 5-Miles
  • Just 37-Miles From George Bush Intercontinental Airport (IAH)
  • Nearby Magnolia High School- 1,900+ Students Enrolled
  • Texas is an Income Tax-Free State
  • Across From Magnolia Village, a 60-Acre Mixed-Use Development Project That Will Include 36 Acres of Retail, Office Space and 300 Multifamily Housing Units

In Cooperation With Sands Investment Group, Austin, LLC – Lic. #9004706 BoR: Max Freedman – Lic. TX #644481

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CVS Pharmacy Ground Lease

CVS Pharmacy | Bakersfield, CA


Sands Investment Group is Pleased to Present For Sale the CVS Pharmacy Ground Lease Located in Bakersfield, California. This Property Has Approximately 12+ Years Remaining on the Base Term of the Lease and Features a Rare 10% Increase in 7.5 Years and 7.5% Increases Every 5 Years Thereafter, Throughout Each of the 5 (5-Year) Option Periods Providing a Strong Hedge Against Inflation. The Building Includes a Double Lane Drive-Thru and Sits as an Out Parcel to a Highly Visited Shopping Center With Adjacent Tenants Including Aldi, Smart & Final, Chick-fil-A, In-N-out, Chipotle, Panda Express, Randy’s Donuts & More. This Location is Open 24 Hours a Day and Benefits From a High Population Base in the Immediate Trade Area in Addition to High Daytime Population From the Significant Density of Office Campuses Located Nearby. CVS is the Largest Pharmacy Provider in the Country By Prescription Revenue and Features an Investment Grade Credit Rating of BBB (S&P Global Ratings). This Investment is Perfect For a 1031 Buyer. This Deal Offers a Long-Term Secure Income Stream, Strong Rental Increases, Investment Grade Credit With a Pandemic and Recession Resistant Tenant.

BEST IN CLASS INVESTMENT FEATURING RARE STRONG RENTAL INCREASES

  • Long Term Lease With Approximately 12+ Years Remaining on Base Term
  • Corporate Guaranteed Lease Featuring Investment Grade Credit – BBB (S&P Global ) / Baa2 (Moody’s)
  • Absolute Triple Net (NNN) Ground Lease Featuring Low Rent on Approximately 2.01 Acre Parcel
  • Rare 10% Rental Increase in 7.5 Years and 7.5% Increases Every 5 Years Thereafter Throughout Each of the 5 (5-Year) Option Periods Providing a Hedge Against Inflation
  • Double Lane Drive-Thru Prototype Building

DAILY NEEDS & NECESSITY BASED TENANT

  • CVS is the Top Drug Store in the Country Based on Prescription Drug Revenue Holding Nearly 25% of the Prescription Drug Market
  • Tenant Remained Open and Paying Rent Throughout the COVID-19 Pandemic
  • Drug Stores Provide a “Daily Needs” For Consumers Making the Property Pandemic and Recession Resistant

DOMINANT BAKERSFIELD LOCATION

  • 2nd Most Travelled Intersection in the City With Over 80,000 Cars Per Day at Stockdale Hwy & California Avenue
  • Dense Population Base With Over 342,625 People Within 5-Miles
  • Affluent Trade Area – $76,411 Average Household Income Within a 5-Mile Radius
  • High Daytime Population From the Significant Density of Office Campuses
  • Nearby Employee Population – Over 77,000 People Within a 3-Mile Radius

In Cooperation With Sands Investment Group, Inc Lic. # 01768950

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CVS Pharmacy Double Net Lease

CVS Pharmacy | Lindale, TX


Sands Investment Group is Pleased to Present For Sale the CVS Pharmacy Double Net Lease Located in Lindale, Texas. This Deal Includes Just Under 2 Years of Term Remaining at a Price Well Below Its Replacement Cost. This Property Provides a New Owner With an Opportunity to Purchase an Essential Business With a Corporate Guarantee and Highly Replaceable Rent.

  • Investment Grade Tenant (S&P: BBB) With Corporate Guarantee
  • Strong Corporate Guarantee – CVS Health Corp; Reported Revenues of Over $292 Billion For FY 2021
  • Current Annual Rent of $14.43 is Very Replaceable and Below the Chainwide Average, Improving Likelihood of Renewal
  • Full-Service Location With Drive-Thru
  • Essential Business Being Offered Well Below Its Replacement Cost
  • Zero National Competition Within 11-Miles of the Store
  • Located Directly Off of S Main Street Which is a Main Retail and Commuter Thoroughfare
  • Area Features an Affluent Residential Community With an Average Household Income of Over $84,237 Within a 3-Mile Radius
  • Highly Visible Location Seeing Over 24,230 VPD
  • Nearby Tenants Include: AutoZone, Little Caesar’s, O’Reilly Auto Parts, Whataburger, Sonic and Much More

In Cooperation With Sands Investment Group Austin, LLC Lic. #9004706 BoR: Max Freedman Lic. # 644481

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CVS Pharmacy NN Lease

CVS Pharmacy | Bandera, TX


Sands Investment Group is Pleased to Present For Sale the CVS Pharmacy NN Lease Located in Bandera, Texas. This Deal Includes Just Under 3 Years Remaining in the Primary Term With a Rare 30% Increase in Its Next Option Period. This Property Provides a New Owner With an Opportunity to Purchase an Essential Business With a Corporate Guarantee and Highly Replaceable Rent.

  • Investment Grade Tenant (S&P: BBB) With Corporate Guarantee
  • Strong Corporate Guarantee – CVS Health Corp; Reported Revenues of Over $292 Billion For FY 2021
  • Multiple 2 Year Options to Extend With Rare Rent Increases, Providing Landlord Leverage Upon Renewal
  • Current Annual Rent of $10.43 is Very Replaceable and Below the Chainwide Average, Improving Likelihood of Renewal
  • Essential Business Being Offered Well Below Its Replacement Cost
  • Full-Service Location With Drive-Thru
  • Zero National Competition Within 25-Miles of the Store
  • Located Directly Off of S Main Street Which is a Main Retail and Commuter Thoroughfare
  • Area Features an Affluent Residential Community With an Average Household Income of Over $75,824 Within a 3-Mile Radius
  • Highly Visible Location Seeing Over 6,402 VPD
  • Nearby Tenants Include: Burger King, Lowe’s Market, Dollar General, Sonic and Much More

In Cooperation With Sands Investment Group Austin, LLC Lic. #9004706 BoR: Max Freedman Lic. # 644481

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Walgreens Absolute NNN

Walgreens | Houston, TX


Sands Investment Group Is Pleased to Present Exclusively For Sale the 15,049 SF Walgreens Absolute NNN Property Located at 9200 Cullen Blvd in Houston, Texas. Currently Walgreens Has More Than 5 Years Remaining on Its Lease. This Property Features a Hard Corner Location With Excellent Visibility and Access in a Desirable Neighborhood in Houston. A New Owner Will Have the Benefit and Security of Owning Generational Real Estate With a Credit Tenant and Essential Business in a Tax-Free State.

  • Absolute Triple Net (NNN) Lease Which Allows For a True Passive Investment With Zero Landlord Responsibilities
  • Property Features a Replaceable Rent of Only $18 PSF Which Increases the Likelihood of Renewal at the Current Rent
  • Extremely Strong Rent to Sales Ratio of ~ 4%
  • Investment Grade Tenant (S&P: BBB) With Corporate Guarantee (Walgreen Co.)
  • Full-Service Location With Drive-Thru; The Store Also Offers Curbside Pickup and Delivery
  • Signalized Access on a Hard Corner Location With Excellent Visibility, Seeing Nearly 40,000 VPD
  • Located Directly Off of Cullen Blvd, a Main Retail and Commuter Thoroughfare in Houston
  • Situated in Close Proximity to the Fountains, a Recently Completed Multifamily Development Project Consisting of 572 Units
  • Strong Demographic Area, With Over 110,327 People Within a 3-Mile Radius
  • Strong Medical Drivers Include Horizon Tower, a 500,000 SF State of the Art Life Sciences Development Project With Expected Completion in 2023
  • Store Sales in This Location Have Been Steady and Consistent With the Chainwide Average – Contact Broker For More Detail

In Cooperation With Sands Investment Group Austin, LLC  Lic. #9004706 BoR: Max Freedman Lic. # 644481

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Rite Aid NN Lease

Rite Aid | Palm Desert, CA


Sands Investment Group is Pleased to Exclusively Offer For Sale the Rite Aid NN Lease Located at the Corner of Washington Street & Wildcat Drive in the Heart of Palm Desert, California. This Property Has 6+ Years Remaining on the Base Term of the Lease and Features Rare 5% Increases at Each of the 6 x 5 Year Option Periods Providing a Hedge Against Inflation. The Building Includes a Double Lane Drive-Thru and Rite Aid Has Added a GNC Live Well Inside As Well. Rite Aid is the Third Largest Drugstore Chain in the Country Operating Over 2,500 Locations. This Asset Sits Strategically Across the Street From Sun City Palm Desert Active Adult Community With Over 5,000 Homes Providing a Built-In Customer Base For a Drug Store. It’s Also Located Across From Eisenhower Health Center and a DaVita Dialysis Clinic Adding to the Existing Base. With Close Freeway Proximity, Strong Traffic Counts & an Affluent Trade Area, This Asset is Perfect For a 1031 Investor. This Deal Offers a Long-Term Secure Income Stream, Strong Yield With a Pandemic & Recession Resistant Tenant.

BEST IN CLASS FEATURING STRONG YIELD

  • 6+ Years Remaining on Base Term of the Lease
  • Corporately Guaranteed Lease By Rite Aid Corporation (NYSE: RAD) – Over 2,500 Locations
  • NN Lease Structure With Minimal Landlord Responsibilities
  • Rare 5% Rental Increases at Each Option Period Provides Hedge Against Inflation
  • Double Lane Drive-Thru Prototype Building and Features GNC Live Well
  • Strong Initial Yield of 7.25% Increasing to 7.61% in Year 7

DAILY NEEDS & NECESSITY BASED TENANT

  • Tenant Has Remained Open and Paying Rent Throughout the COVID-19 Pandemic
  • Rite Aid is the Largest Drug Store Chain on the East Coast and the Third Largest Drugstore Chain in the Country
  • Drug Stores Provide a “Daily Needs” For Consumers Making the Property Pandemic and Recession Resistant

DOMINANT LOCATION & BUILT IN CUSTOMER BASE

  • Located Directly Across the Street From Sun City Palm Desert Active Adult Community Featuring Over 5,000 Homes Providing Built in Customer Base
  • The Site Boasts Ample Parking and Two Ingress/Egress Points, Which Make the Property Easily Accessible to Nearby Traffic
  • Close Freeway Proximity – Located Within One Block From Interstate 10
  • Strong Traffic Counts – Over 145,596 Vehicles Per Day on Washington Street and Interstate 10
  • Affluent Trade Area – Average Household Income Over $103,163 Within a 3-Mile Radius
  • Dense Population Base – Over 47,078 People Within a 3-Mile Radius
  • Across From Eisenhower Health Center and the DaVita Dialysis Clinic Offering Additional Built in Customers
  • Nearby Retailers and Businesses Include: DaVita Kidney Care, Bank of America, Taco Bell, Comfort Suites, Sherwin Williams, Del Taco, Stater Bros Markets and More

In Cooperation With Sands Investment Group, Inc Lic. # 01768950

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Walgreens Absolute NNN Investment

Walgreens | East Norriton, PA


Sands Investment Group is Pleased to Present Exclusively For Sale the 13,650 SF Walgreens Absolute NNN Investment Located at 3300 Dekalb Pike in East Norriton, Pennsylvania. The Current Lease Has Nearly 10 Years Remaining Term With Multiple Options to Extend. This Property Provides a New Owner With an Opportunity to Purchase an Essential Business With an Investment Grade Tenant (S&P: BBB) and Corporate Guarantee.

  • Absolute Triple Net (NNN) Lease Which Allows For a True Passive Investment With Zero Landlord Responsibilities
  • Investment Grade Tenant (S&P:BBB) With a Corporate Guarantee
  • Strong Fundamental Real Estate With Multiple Points of Access and Attractive Curb Appeal
  • Strong Guarantor – Walgreens Co. a Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ:WBA) Reported Total Revenues in Excess of $139 Billion in the 2020 Fiscal Year
  • Full-Service Location With a Double Drive-Thru Format; The Store Offers Curbside Pickup and Delivery
  • Signalized Access, on a Hard Corner Location With Excellent Visibility on Dekalb Pike Which Sees Over 15,166 VPD
  • Strong Medical Drivers Include Multiple Hospitals Nearby: Abington Health Center, Einstein Medical Campus in Montgomery and the Suburban Community Hospital
  • Strong Corporate Presence – More Than 8,000,000 SF of Office Space Within a 3-Mile Radius, Including Headquarters of Unisys and Arraya Solutions
  • Strong Demographics With Over 164,531 Residents and an Average Household Income of More Than $114,849 in the 5-Mile Radius
  • Situated Within a Top MSA; Philadelphia is the #8 Ranked Metropolitan Statistical Area in the Country
  • Nearby Tenants Include: Walmart, Whole Foods, Giant, Dick’s Sporting Goods, Starbucks, Chick-fil-A, T.J. Maxx, ShopRite and More

In Cooperation With Sands Investment Group Philadelphia, LLC – Lic. # RB069072

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